Virgin America News
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Updated 26 minutes ago
Airlines are stepping up competition for full-fare passengers between New York and Los Angeles, with lie-flat seats, pricey French wines and personal valets to whisk travelers from curb to gate without wasting time in lines.
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Virgin America Inc., the low-fare airline partly owned by U.K. billionaire Richard Branson, narrowed its first-quarter net loss by 39 percent and restructured debt to lower interest expenses.
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On a sunny, wind-swept December morning, Virgin America kicked off a day of festivities along the otherwise unfestive runways of Dallas Fort Worth Airport. Four longhorn cattle lolled in a pen while dignitaries such as Dallas Mayor Tom Leppert lunched on pulled pork and ribs, and lasso artists twirled rope. The main attraction was the host, 60-year-old Sir Richard Branson, billionaire bon vivant and founder of the Virgin Group. While he was at the center of the celebration, he was also making an incursion into enemy territory.
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Virgin America Inc., the low-fare airline partly owned by Richard Branson, will cut one purchase of Airbus SAS jets by two-thirds and delay deliveries of a newer model as it focuses on long-term survival over expansion.
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Virgin America Inc., the low-fare airline partly owned by Richard Branson, will trim capacity by 3 percent in the first quarter and is offering voluntary short- term leave to employees to cut costs, citing a weaker outlook.
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US Airways Group Inc. and its regional partners are being investigated by the U.S. Transportation Department for the most widespread incident of long tarmac delays since a U.S. rule took effect in 2010.
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Virgin America Inc., the low-fare carrier partly owned by U.K. billionaire Richard Branson , is set to begin flights at Chicago O’Hare after an almost three-year effort to obtain gates at the second-busiest U.S. airport.
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Virgin America Inc., the low-fare airline partly owned by U.K. billionaire Richard Branson , plans to add flights to Chicago, Atlanta and Houston next year if it can secure gates in those U.S. cities.
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Virgin America Inc. plans to begin flights to and from Dallas, its first mid-continent destination, after failing for more than two years to secure airport gates in Chicago.
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Virgin America Inc., the low-fare airline partly owned by U.K. billionaire Richard Branson, posted a third-quarter loss as costlier jet fuel and accrued interest expenses overpowered higher revenue.
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